miners could abandon my SC that offers perfect anonymity. and that would be for another SC that takes my SC with perfect anonymity and adds even better functionality on top of that. then i'd have to move my SC coins yet again! what a hassle and potential security risk.
if the SC tech is in fact better, BTC hodlers would have to defect. as they defect, miners would have to follow. no?
money always seeks the place that treats it best.
There's the rub. They need to create some magic that independently converts coins back and forth. BTC must remain legacy for this scheme to work and must be encoded into the protocol. Of course anything could happen, but preserving BTC legacy cold storage must be ensured. It may become cumbersome and slow. Perhaps they will change their protocol to deny Bitcoin transactions except for conversion and it takes a month, but all Bitcoins must be accounted for in the end.